Daily Forecast
The Forecast
2023.07.04
On Friday, the dollar index continued to decline and stopped near the support level at 90.15. Preliminary PMI data for February had a positive impact on European currencies.
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The Forecast
2023.07.04
After surprisingly high retail sales data on Wednesday and the rise of the dollar, sentiment turned sharply on Thursday. The dollar came under pressure in light of another pessimistic labor market rep...
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The Forecast
2023.07.04
The US retail sales surprisingly rose in January, well above economists' estimates, pushing the US dollar higher on Wednesday. According to the Commerce Department, total sales increased by 5.3% compa...
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The Forecast
2023.07.04
Brexit negotiations are deadlocked again. On Thursday evening, the negotiations had finished. The EU leaders have removed the deal from the agenda.
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The Forecast
2023.07.04
On Tuesday, in the light of more positive NYES data, the dollar index bounced off the support level and continues to rise in the Asian session.
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The Forecast
2023.07.04
Brexit negotiations ended with failure again. Boris Johnson and Ursula Von der Leyen agreed on the need for further bilateral negotiation before Sunday this week.
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The Forecast
2023.07.04
On Tuesday, it was expected for the market to trade in a sideways range, waiting for some updates. Today, apparently, the market will receive them, since Boris Johnson will have a meeting with Von der...
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The Forecast
2023.07.04
Yesterday's drop in U.S. indices did not significantly affect the major currency pairs. On Tuesday, volatility in the Forex market was lower than usual.
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The Forecast
2023.07.04
The consumer price index data slightly shocked financial markets. Annual consumer inflation accelerated to 5.4% from 5% (forecast 4.9%), and the core CPI increased to 4.5% from 3.8% (forecast 4.0%).
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The Forecast
2023.07.04
Yesterday, the head of the International Monetary Fund, Kristalina Georgieva, spoke about economic recovery prospects.
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